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IIFL Capital ServicesNSE:IIFLCAPS -0.13%81 Return-on-Tangible-Asset is 7.71% as of Jun. 2026, which is 15% above its 10-year median of 6.68. GuruFocus rates NSE:IIFLCAPS with a GF Score™ of 81/100 and a GF Value™ of ₹276.02 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 816 Capital Markets companies, IIFL Capital Services ranks better than 78.43% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. IIFL Capital Services's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹7,364 Mil. IIFL Capital Services's average total tangible assets for the quarter that ended in Jun. 2026 was ₹95,489 Mil. Therefore, IIFL Capital Services's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.71%.
The historical rank and industry rank for IIFL Capital Services's Return-on-Tangible-Asset or its related term are showing as below:
NSE:IIFLCAPS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.5 Med: 6.68 Max: 9.01
Current: 6.43
During the past 10 years, IIFL Capital Services's highest Return-on-Tangible-Asset was 9.01%. The lowest was 4.50%. And the median was 6.68%.
NSE:IIFLCAPS's Return-on-Tangible-Asset is ranked better than 78.43% of 816
companies
in the Capital Markets industry
Industry Median: 1.545
vs NSE:IIFLCAPS: 6.43
IIFL Capital Services (NSE:IIFLCAPS) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
IIFL Capital Services Return-on-Tangible-Asset Related Terms
IIFL Capital Services Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IIFL Capital Services's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IIFL Capital Services Return-on-Tangible-Asset Chart
NSE:IIFLCAPS vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, IIFL Capital Services's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IIFL Capital Services Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IIFL Capital Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IIFL Capital Services's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.71% mean?
IIFL Capital Services (NSE:IIFLCAPS) has a Return-on-Tangible-Asset of 7.71% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IIFL Capital Services and its competitors. This is 15% above median its historical median of 6.68. Over the past decade, IIFL Capital Services' Return-on-Tangible-Asset has ranged from 4.50 to 9.01. According to the industry distribution chart, IIFL Capital Services ranks #176 out of 816 companies in the Capital Markets industry, placing it in the top 21.6%.
Is IIFL Capital Services' Return-on-Tangible-Asset too high?
IIFL Capital Services' current Return-on-Tangible-Asset of 7.71% is 15% above median its 10-year median of 6.68. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 9.01. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. IIFL Capital Services' value of 7.71% is 399% above this industry median. Based on the distribution chart, IIFL Capital Services ranks #176 out of 816 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IIFL Capital Services has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IIFL Capital Services' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, IIFL Capital Services ranks #176 out of 816 companies for Return-on-Tangible-Asset. This places IIFL Capital Services in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.55. IIFL Capital Services' value of 7.71% is 399% above this benchmark. Historically, IIFL Capital Services' own Return-on-Tangible-Asset has ranged from 4.50 to 9.01 over the past decade. While the company's 10-year median is 6.68 vs. the industry median of 1.55, IIFL Capital Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IIFL Capital Services's current Return-on-Tangible-Asset of 7.71% is 399% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IIFL Capital Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IIFL Capital Services's current Return-on-Tangible-Asset is 7.71%, which is 15% above median its own 10-year median of 6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IIFL Capital Services stock overvalued right now?
Based on GuruFocus' analysis, IIFL Capital Services (NSE:IIFLCAPS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹276.02, compared to a current price of ₹335.85 — trading 21.7% above its estimated fair value. The current Return-on-Tangible-Asset is 7.71%, which is 15% above median its 10-year median of 6.68 and 399% above the Capital Markets industry median of 1.55. IIFL Capital Services' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For IIFL Capital Services (NSE:IIFLCAPS), the current Return-on-Tangible-Asset is 7.71% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IIFL Capital Services (NSE:IIFLCAPS) Overvalued in 2026?
Based on GuruFocus' analysis, IIFL Capital Services stock appears to be overvalued.
The current stock price of ₹335.85 is trading 21.7% above its estimated GF Value™ of ₹276.02.
GuruFocus considers IIFL Capital Services to be Modestly Overvalued.
Key valuation signals for NSE:IIFLCAPS:
Return-on-Tangible-Asset: 7.71% (15% above median its 10-year median of 6.68)
GF Value™: ₹276.02 vs. price of ₹335.85 (21.7% above fair value)
Industry Position: 399% above the Capital Markets median (#176 of 816)
No single metric tells the full story. See the NSE:IIFLCAPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IIFL Capital Services Ltd is engaged in retail broking and financial product distribution. It operates as an independent full-service retail and institutional broking firm in India and provides a range of investment advisory and financial services. Its clients include corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high-net-worth individuals, and retail investors. The company's retail brokerage and financial services include financial planning, equity, commodities and currency broking, depository participant services, portfolio advisory, and other investment products. Its institutional equities business provides broking, research, and corporate access services to institutional clients.
81GF Score
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